by Rishikesh Lilawat | Mar 20, 2020 | Forex Trade Ideas, NZDUSD
NZD/USD currently trading at 0.5839, may breach the level of resistance at 0.5849. As the price is in down trend from long time and it is about to breach the resistance level , If that level of resistance is broken a new up trend can start and then its next...
by Vivek | Mar 20, 2020 | Forex Trade Ideas, USDCAD
USDCAD is trading at top and it is forming a descending triangle pattern which is sign for trend reversal if it breaks from the descending triangle pattern we may see further down side in USDCAD but as up trend was strong in USDCAD it may consolidate in channel for...
by Ryan Lopes | Mar 19, 2020 | Forex Trade Ideas, USDCAD
Hello traders, this might be our last analysis for the week. As we can see that the pair has hit the resistance line and also broken the trendline support, we can expect a sell from here. The pair will possibly come till the support line. Views welcome guys. Thanks....
by Ryan Lopes | Mar 19, 2020 | Forex Trade Ideas, GBPJPY
Hello guys, here is our analysis on GBPJPY . As we can see that the pair was in a rectangle channel for a long time and now has broken out of it. It started its journey on upward side. As you can see in the chat that the black line is the possible move that it the...
by Rishikesh Lilawat | Mar 19, 2020 | EURGBP, Forex Trade Ideas
At the time of writing, EUR/GBP is trading at 0.9328 between a low of 0.9324, having traveled from a high of 0.9493 to a low of 0.9324. Currently the pair is showing a bearish move, but it can come in down trend if it breaks the support at 0.9241. Then its small...
by Ryan Lopes | Mar 19, 2020 | EURCHF, Forex Trade Ideas
Hello guys. Here is our analysis on EURCHF . As we can see that the pair is forming a HEAD AND SHOULDER PATTERN. It has already formed its left shoulder and its head. The pair is also at its support point, so its very interesting to see what the pair does. If the pair...